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Canada - Export Credits and Loan Guarantees for Regional Aircraft (WT/DS222/R) A Comment

Howse, Robert ; Neven, Damien J.

In: World Trade Review, 2005, vol. 4, no. S1, p. 88-98

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    Title
    • Canada - Export Credits and Loan Guarantees for Regional Aircraft (WT/DS222/R) A Comment
    Author
    • Howse, Robert. University of Michigan Law School
    • Neven, Damien J.. Graduate Institute of International Studies, Geneva and CEPR
    Document Type
    • Postprint
    Classification
    • Health
    OAI-PMH Identifier
    • oai:doc.rero.ch:302369
    Summary
    This panel report represents another installment in the long-standing litigation between Canada and Brazil over subsidization of sales of commuter jets by both countries. The report addresses a set of claims by Brazil closely related to prior claims concerning the practices of the Export Development Corporation as well as industrial policy entities in the Canadian province of Quebec. Brazil specifically challenged certain recent transactions where these federal and provincial entities provided certain kinds of financing assistance in connection with the sale of Bombardier aircraft (namely to Air Wisconsin, Atlantic Coast Airlines, Comair, Kendell, and Air Nostrum). For the most part the panel applied existing jurisprudence on export subsidies to the factual record. In particular, the panel applied a "private investor principle”, verifying in all instances whether the conditions that were granted by the export development and industrial policy agencies were more favorable than the conditions that were available from alternative private sources